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👀 The Meta AI app is a privacy disaster
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- Users of the new standalone Meta AI app are often unknowingly publishing their interactions with the chatbot, believing them private but making them public.
- The Meta AI app fails to clearly show users their privacy settings or explain where their shared interactions are actually being posted by default.
- People are accidentally sharing sensitive data like home addresses, court details, and incriminating questions on the Meta AI app for anyone to see.
🤖 Mattel and OpenAI team up for AI-powered toys
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- Toy company Mattel is partnering with OpenAI to create a new generation of artificial intelligence-powered toys, with the first product launching later this year.
- The deal will infuse iconic Mattel brands like Barbie and Hot Wheels with generative AI, aiming to redefine how children interact with their environment.
- This AI toy venture places both companies at the center of a complex debate over technology, ethics, and child development for youngest consumers.
💥 AMD reveals next-generation AI chips with OpenAI CEO Sam Altman
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- AMD revealed its Instinct MI400 series AI chips, with OpenAI CEO Sam Altman confirming his company will use these new processors for artificial intelligence.
- The MI400 series can form a server rack called Helios, a "rack-scale" system where thousands of chips function as one compute engine.
- OpenAI provided AMD with feedback on the MI400 roadmap, indicating the AI research company's close involvement in developing this next-generation hardware.
📉 Major Google Cloud outage hit internet services
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💰 Meta is paying $14 billion to catch up in the AI race
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- Scale AI's former CEO Alexandr Wang now leads a new Meta lab focused on building "superintelligence" and reports directly to Mark Zuckerberg.
- Meta made a "massive new investment" in Scale AI, as Zuckerberg personally recruits researchers from rivals with seven and eight-figure compensation packages.
- After Llama 4's disappointing debut, Meta wants to catch up with competitors like Google by building "full general intelligence" and its "leading personal AI".
🪙 Walmart and Amazon explore stablecoins
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- Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, indicating wider institutional stablecoin adoption in the future.
- A brand-specific stablecoin payment system from either retail giant could divert billions in cash flow away from their established banking partners, shifting financial transactions.
- Implementing a stablecoin-based payment rail promises faster and cheaper transactions, potentially helping these large companies save billions currently spent on various banking fees.
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